SPX weekly Iron Condor for September Cycle Closed.
This week's position closed as follows:
- CLOSED SPX September 2020 Calls.
- CLOSED SPX September 2030 Calls.
- CLOSED SPX September 1940 Puts.
- CLOSED SPX September 1930 Puts.
Closing order executed as a single order: BUY " Iron Condor" .
Net Debit to Close Iron Condor: $.95 (all four legs). SPX was at approximately 1983.50 when the order executed.
Net Credit to Enter Iron Condor: $1.55 (all four legs)
Gain (Loss): Gain of $60.
This represented 7% of the margin/risk and target for the trade.
As always, stay keen on your risk management and trade carefully,